According to a BSE filing, the investment firm which earlier had 6.72 per cent stake in Marico, bought about 85.41 lakh shares, or 0.66 per cent stake, in the company.
The shares were bought on January 25 and based on the closing price of Rs 215.05, the transaction is estimated to have been valued at Rs 183.68 crore.
First State Investments Management's total shareholding in the FMCG firm now stands at 7.39 per cent.
Marico shares were trading at Rs 213.65 apiece on BSE, down 0.65 per cent, from the previous close.
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